Yolanda Bobeldijk
Approximately 75% of LPs agreed to sell their stakes in the firm's 2000-vintage Fund II, while the remaining LPs opted to roll over into a new fund.
Charles Robinson has left the firm after three years to join the investor relations team at hedge fund and private equity firm Black River Asset Management.
The Nordic-based secondaries firm attracted 40% of its commitments from European investors including Swedish pension fund AP3, Finnish Industry Investment and the European Investment Fund.
After leading AlpInvest for 14 years, Doeksen will become vice-chairman of Carlyle's 'Solutions Group'. Last year, AlpInvest raised $4.2bn for secondaries investment.
The mega-fund held a $5bn interim close in March.
Nearly half of the new LPs in AlpInvest’s $4.2bn secondaries programme came from Carlyle's network, according to AlpInvest managing director Volkert Doeksen and the firm's head of secondaries, Wouter Moerel.
The firm’s Fund III had a $300m target and raised more than 60% of the capital from existing investors.
The promotions come as AlpInvest starts to deploy its $4.2bn Secondaries Program.
A cash injection from HarbourVest rescues Motion’s €1.25bn Fund II.
The London-based firm is teaming up with Lagoon Capital to target the region.